Compare IC Markets vs XTB


Online brokers compared for fees, trading platforms, safety and more. See how IC Markets stacks up against XTB!

IC Markets vs XTB
overall rating
4.4
4.6
overall pros
  • Low forex fees
  • Easy and fast account opening
  • Free deposit and withdrawal
  • Low forex fees
  • Free and fast deposit and withdrawal
  • Easy and fast account opening
overall cons
  • Limited product selection
  • Slow live chat support
  • No investor protection for non-EU clients
  • High fees for stock CFDs
  • Product portfolio limited mostly to CFDs and FX
  • Limited fundamental data
fees
4.1
  • Low trading fees
  • Low non-trading fees
  • Low forex fees
  • High financing rate for CFDs
3.7
  • Low forex fees
  • Free withdrawal for transfers above $100
  • High stock CFD fees
account opening
5.0
  • Fast
  • Fully digital
  • Low minimum deposit
5.0
  • Fast
  • Fully digital
  • No minimum deposit
deposit and withdrawal
4.9
  • Credit/Debit card available
  • No deposit fee
  • Several account base currencies
  • AUD 20 fee for international bank withdrawal
4.5
  • Credit/Debit card available
  • Free withdrawal
  • No deposit fee
  • Few minor account currencies accepted
web trading platform
2.8
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Order confirmation
  • No two-step (safer) login
  • No price alerts
  • Poor design
4.4
  • User-friendly
  • Clear fee report
  • Good search function
  • No two-step (safer) login
mobile trading platform
3.8
  • User-friendly
  • Good search function
  • Price alerts
  • No two-step (safer) login
  • No Touch/Face ID login
4.4
  • User-friendly
  • Price alerts
  • Modern design
  • No two-step (safer) login
desktop trading platform
3.4
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Price alerts
  • No two-step (safer) login
  • Poor design
4.4
  • User-friendly
  • Clear fee report
  • Good customizability (for charts, workspace)
  • No two-step (safer) login
markets and products
1.8
  • Forex
  • CFD
  • Crypto
2.8
  • Stock
  • ETF
  • Forex
  • CFD
  • Crypto
  • Real stocks and ETFs (only for some European clients)
research
3.8
  • Trading ideas
  • Quality news flow
  • User-friendly
  • No fundamental data available
4.1
  • Good interactive chart
  • Quality news flow
  • User-friendly
  • Limited fundamental data
customer service
3.6
  • Phone support
  • Live chat
  • Fast response time
  • Slow and not useful live chat
4.4
  • Phone support
  • Live chat
  • Fast response time
  • No 24/7 support
education
4.5
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • Videos are hard to find on the site
5.0
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • Long track record
  • Negative balance protection for EU customers
  • Not listed on stock exchange
  • Financial information is not publicly available
  • Listed on stock exchange
  • Negative balance protection
  • Some clients regulated by top-tier FCA
  • Does not hold a banking license
recommended for Forex and CFD traders who value easy account opening and free deposit/withdrawal options Forex and CFD traders looking for low fees and great deposit/withdrawal service
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